Asian Exchanges Soar: KOSPI Hits New All-Time High
January 5th brought a wave of optimism to Asian markets, with South Korea leading the gains. The KOSPI index made an impressive jump of 147.89 points (+3.43%), surpassing all previous records and closing at 4457.52. This movement was supported by strong growth in stocks in the technology and defense sectors.
Samsung Electronics stood out particularly on this day, demonstrating a one-day increase of 7.47% — its largest single-day jump since March 2020. The wave in the microchip sector also swept neighboring Japan. The Nikkei 225 index surged by 1493.32 points, gaining 2.97% and reaching 51832.80. The rise in the Japanese index was largely driven by solid demand for stocks of companies operating in the semiconductor and heavy industry sectors.
Such a synchronized surge in both key Asian indices indicates increasing investment appetite in the region. The movement in the microchip sector remains one of the main growth drivers, reflecting a recovery in demand for technology and components.
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Asian Exchanges Soar: KOSPI Hits New All-Time High
January 5th brought a wave of optimism to Asian markets, with South Korea leading the gains. The KOSPI index made an impressive jump of 147.89 points (+3.43%), surpassing all previous records and closing at 4457.52. This movement was supported by strong growth in stocks in the technology and defense sectors.
Samsung Electronics stood out particularly on this day, demonstrating a one-day increase of 7.47% — its largest single-day jump since March 2020. The wave in the microchip sector also swept neighboring Japan. The Nikkei 225 index surged by 1493.32 points, gaining 2.97% and reaching 51832.80. The rise in the Japanese index was largely driven by solid demand for stocks of companies operating in the semiconductor and heavy industry sectors.
Such a synchronized surge in both key Asian indices indicates increasing investment appetite in the region. The movement in the microchip sector remains one of the main growth drivers, reflecting a recovery in demand for technology and components.